FORWARD INDUSTRIES INC (FORD)
US3498624093 - Common Stock
Overall FORD gets a fundamental rating of 2 out of 10. We evaluated FORD against 49 industry peers in the Textiles, Apparel & Luxury Goods industry. The financial health of FORD is average, but there are quite some concerns on its profitability. FORD has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
FORD had negative earnings in the past year.
In the past year FORD had a positive cash flow from operations.
In the past 5 years FORD reported 4 times negative net income.
In multiple years FORD reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of -21.05%, FORD is doing worse than 87.50% of the companies in the same industry.
The Return On Equity of FORD (-230.54%) is worse than 93.75% of its industry peers.
With a decent Return On Invested Capital value of 13.57%, FORD is doing good in the industry, outperforming 79.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -21.05% | ||
| ROE | -230.54% | ||
| ROIC | 13.57% |
ROA(3y)-8.49%
ROA(5y)-11.41%
ROE(3y)-52.61%
ROE(5y)-46.32%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FORD's Operating Margin of 2.47% is on the low side compared to the rest of the industry. FORD is outperformed by 66.67% of its industry peers.
In the last couple of years the Operating Margin of FORD has declined.
FORD has a Gross Margin of 28.49%. This is amonst the worse of the industry: FORD underperforms 85.42% of its industry peers.
FORD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.47% | ||
| PM (TTM) | N/A | ||
| GM | 28.49% |
OM growth 3YN/A
OM growth 5Y-10.4%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.79%
GM growth 5Y3.67%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FORD is still creating some value.
FORD has less shares outstanding than it did 1 year ago.
FORD has less shares outstanding than it did 5 years ago.
FORD has a better debt/assets ratio than last year.
2.2 Solvency
FORD has an Altman-Z score of 0.35. This is a bad value and indicates that FORD is not financially healthy and even has some risk of bankruptcy.
FORD's Altman-Z score of 0.35 is on the low side compared to the rest of the industry. FORD is outperformed by 85.42% of its industry peers.
The Debt to FCF ratio of FORD is 1.75, which is an excellent value as it means it would take FORD, only 1.75 years of fcf income to pay off all of its debts.
FORD's Debt to FCF ratio of 1.75 is fine compared to the rest of the industry. FORD outperforms 68.75% of its industry peers.
A Debt/Equity ratio of 0.43 indicates that FORD is not too dependend on debt financing.
The Debt to Equity ratio of FORD (0.43) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 1.75 | ||
| Altman-Z | 0.35 |
ROIC/WACC1.53
WACC8.88%
2.3 Liquidity
A Current Ratio of 0.86 indicates that FORD may have some problems paying its short term obligations.
FORD's Current ratio of 0.86 is on the low side compared to the rest of the industry. FORD is outperformed by 97.92% of its industry peers.
FORD has a Quick Ratio of 0.86. This is a bad value and indicates that FORD is not financially healthy enough and could expect problems in meeting its short term obligations.
FORD has a Quick ratio of 0.84. This is in the lower half of the industry: FORD underperforms 77.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for FORD have decreased strongly by -1104.78% in the last year.
Looking at the last year, FORD shows a very negative growth in Revenue. The Revenue has decreased by -32.49% in the last year.
The Revenue has been growing slightly by 1.24% on average over the past years.
EPS 1Y (TTM)-1104.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-620%
Revenue 1Y (TTM)-32.49%
Revenue growth 3Y2.09%
Revenue growth 5Y1.24%
Sales Q2Q%-22.11%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for FORD. In the last year negative earnings were reported.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FORD indicates a rather cheap valuation: FORD is cheaper than 100.00% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FORD is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.87 | ||
| EV/EBITDA | 2.81 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for FORD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FORWARD INDUSTRIES INC
NASDAQ:FORD (12/31/2024, 8:26:36 PM)
4.95
-0.1 (-1.98%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners8.88%
Inst Owner Change318.05%
Ins Owners6.8%
Ins Owner Change0%
Market Cap5.45M
Analysts0
Price TargetN/A
Short Float %2.17%
Short Ratio0.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 0.19 | ||
| P/FCF | 15.87 | ||
| P/OCF | 13.3 | ||
| P/B | 3.92 | ||
| P/tB | N/A | ||
| EV/EBITDA | 2.81 |
EPS(TTM)-3.13
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.31
FCFY6.3%
OCF(TTM)0.37
OCFY7.52%
SpS25.42
BVpS1.26
TBVpS-1
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -21.05% | ||
| ROE | -230.54% | ||
| ROCE | 17.62% | ||
| ROIC | 13.57% | ||
| ROICexc | 31.25% | ||
| ROICexgc | N/A | ||
| OM | 2.47% | ||
| PM (TTM) | N/A | ||
| GM | 28.49% | ||
| FCFM | 1.23% |
ROA(3y)-8.49%
ROA(5y)-11.41%
ROE(3y)-52.61%
ROE(5y)-46.32%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y27.9%
ROICexc growth 3YN/A
ROICexc growth 5Y6.7%
OM growth 3YN/A
OM growth 5Y-10.4%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y5.79%
GM growth 5Y3.67%
F-Score4
Asset Turnover1.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.43 | ||
| Debt/FCF | 1.75 | ||
| Debt/EBITDA | 0.58 | ||
| Cap/Depr | 19.75% | ||
| Cap/Sales | 0.24% | ||
| Interest Coverage | 9.26 | ||
| Cash Conversion | 39.9% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.35 |
F-Score4
WACC8.88%
ROIC/WACC1.53
Cap/Depr(3y)39.71%
Cap/Depr(5y)30.95%
Cap/Sales(3y)0.32%
Cap/Sales(5y)0.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1104.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-620%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-32.49%
Revenue growth 3Y2.09%
Revenue growth 5Y1.24%
Sales Q2Q%-22.11%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y126.79%
EBIT growth 3YN/A
EBIT growth 5Y-9.29%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-58.15%
FCF growth 3YN/A
FCF growth 5Y0.11%
OCF growth 1Y-57.8%
OCF growth 3YN/A
OCF growth 5Y1.63%